In a recent announcement by the Forbes Billionaires List 2024, a 19-year-old Brazilian student has clinched the title of the world's youngest billionaire. Surpassing the former titleholder, Italian teen Clemente Del Vecchio, who is merely two months her senior, this achievement marks a significant milestone.
Meet World's Youngest Billionaire: Livia Voigt
Livia Voigt, hailing from Brazil, stands as the heiress to one of Latin America's prominent electrical motors manufacturers. Holding the position of the largest individual shareholder at WEG, a company co-founded by her grandfather, Werner Ricardo Voigt, Livia's ascent to billionaire status has garnered attention. Despite her burgeoning wealth, the young entrepreneur remains focused on her academic pursuits, currently enrolled as a university student, as per reports by Forbes. With a net worth of $1.1 billion, Livia's trajectory into the world of business is undoubtedly noteworthy.
On the other side of the globe, Clemente Del Vecchio, a 19-year-old from Italy, emerges as the world's second youngest billionaire, as per the Forbes Billionaires List 2024. Boasting a net worth of $4.8 billion, Clemente's financial portfolio surpasses his Brazilian counterpart. Descending from the lineage of Leonardo Del Vecchio, the founder of EssilorLuxottica, the world's largest eyeglasses company, Clemente's inheritance places him in a realm of affluence. His father's passing in 2022 left him with a substantial 12.5 per cent stake in the family business, solidifying his position in the world of billionaires. Residing in Italy's Milan, Clemente represents a new generation of wealth in the global landscape.
While Livia Voigt and Clemente Del Vecchio make headlines globally, India boasts its own roster of young billionaires. Founders of Zerodha, Nithin and Nikhil Kamath, along with Sachin and Binny Bansal, co-founders of Flipkart, stand among India's youngest billionaires according to the Forbes rich list of this year.
The emergence of these young billionaires not only underscores the evolving landscape of global wealth but also serves as a testament to the potential of youth in shaping the future of entrepreneurship and business worldwide.
A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.
Bernard Arnault, the CEO and chairman of LVMH, the world's largest luxury goods group, has reclaimed the top spot as the richest person on January 31, 2024, surpassing Elon Musk.
Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.
Delfin's portfolio includes EssilorLuxottica holdings, shares in insurer Generali, banks like Mediobanca and UniCredit, and real estate developer Convivio. After inheriting his father's wealth, Clemente became the world's youngest billionaire at 18.
Who is the richest man in the world? As of May 1, 2024, the richest person in the world is Bernard Arnault, the CEO of French luxury goods group LVMH; he's worth nearly $209 billion. He moved into the number one spot in late January 2024, overtaking Elon Musk.
Top 10 richest people in the world as of May 1, 2024
Bernard Arnault, CEO of LVMH, the world's leading luxury goods company, continues to dominate as the world's wealthiest individual as of May 1, 2024. ...
Makeup mogul Kylie Jenner is No. 1: With $1 billion at 22 years old, she remains the world's youngest self-made billionaire. At No. 2 is 23-year-old Alexandra Andresen, worth $1.1 billion.
He is one of two children Del Vecchio had with Sabina Grossi, Luxottica's former head of investor relations, along with his brother Luca. After inheriting his stake in his father's fortune in 2022, Clemente became the world's youngest billionaire at age 18.
Born in the San Anton barrio of Carolina, a small town on the island, Clemente grew up in a family that was relatively poor, at least based on the economic standards of today. The large-but-crowded wooden house included Clemente, who was one of eight children.
– Livia Voigt, the world's youngest billionaire, has surpassed Clement Del Vecchio, heir to EssilorLuxottica, who is only two months older than her. – Livia Voigt's wealth comes from being one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.
As of May 2022, Bolt had 800 employees and was valued at $11 billion. Based on his holdings, Breslow became one of the world's youngest self-made billionaires.
The young entrepreneur and founder of Kylie Cosmetics was (controversially) named the youngest self-made billionaire by Forbes in 2019, and while the publication now puts her net worth at $680 million, that's still nothing to scoff at.
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Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.
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